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Article #1744Re: No Fault Insurance Never Goes Away
From: R R M Tweek
Date: Thu, 22 Feb 1996 00:00
Date: Thu, 22 Feb 1996 00:00
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Galen Hunter <gvhunter@ix.netcom.com> wrote: > So, in theory, by reforming the tort system so that >more of the claim dollar goes to the person actually in the accident, >this lowers the insurance company loss ratios - to be competitive, they >lower their rates - more folks in the past who couldn't afford auto >insurance now can. Have I described the theory of "nofault" correctly? You missed one part... It no longer pays to be a low risk because your premium now has to cover the mistakes of others. -- tweek@netcom.com tweek@io.com | "Well, you and I would differ on DoD #MCMLX tweek@ccnet.com | what's ignorance and educated." WWW: http://www.io.com/~tweek/ | - Senator Ernest Hollings
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 102fd5,f9d6ca94cd535210 X-Google-Attributes: gid102fd5,public X-Google-Thread: 104eff,f9d6ca94cd535210 X-Google-Attributes: gid104eff,public X-Google-Thread: 107d03,f9d6ca94cd535210 X-Google-Attributes: gid107d03,public X-Google-Thread: 10001a,f9d6ca94cd535210 X-Google-Attributes: gid10001a,public From: tweek@netcom.com (R R M Tweek) Subject: Re: No Fault Insurance Never Goes Away Date: 1996/02/22 Message-ID: <tweekDn6rvz.GMu@netcom.com> X-Deja-AN: 140572215 sender: tweek@netcom11.netcom.com references: <msadamsDMupqu.374@netcom.com> <4gbotu$jno@reader2.ix.netcom.com> <merleDn36Bx.n4D@netcom.com> <4ggsk3$h0k@cloner4.netcom.com> organization: Our Lady of Perpetual Freedom - Rectory - http://www.ccnet.com/~tweek/olpf.htm newsgroups: la.general,ca.politics,ba.politics,ca.driving